# PPP loan: A & B PACKING EQUIPMENT INC
> **$1.22M** approved 02/12/2021 · Paid in Full · Loan `7976648401`
## Borrower
- **Name:** A & B PACKING EQUIPMENT INC
- **Address:** 732 W Saint Joseph St 732 W Saint Joseph St, Lawrence, MI, 49064-9338
- **NAICS:** 333993
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.22M
- **Initial approval:** $1.22M
- **Forgiven:** $1.23M (101%)
- **Forgiveness date:** 12/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.22M
- **Utilities:** $1
- **Jobs reported:** 106
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*